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Nov 30, 2012
11/12
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CNBC
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all economies want to recover. what happens is we get bad government policy that can slow the rate or even abort it. we need to look at the policy instead of continually hammering asset purchases through the fed. i think there are great risks to the fed policy, and there are very little benefits. perhaps some cost. we're buying $40 billion of bonds per month, increasing the money supply. now they're talking for various technical reasons to buy 45 billion more of u.s. treasury securities. that's 85 billion, that would be another $1 trillion in the american pump priming money supply after they've already done close to $2 trillion already. so we're at $3 trillion rising toward 3.5 trillion. here's my question. this stuff is not getting into middle america. like, to me, what the fed is doing is they're really helping the big new york wall street banks, helping them buy commodities, stocks, currencies, i don't see this pardon the phrase trickling down to main street community banks, small businesses. it's all sitting on
all economies want to recover. what happens is we get bad government policy that can slow the rate or even abort it. we need to look at the policy instead of continually hammering asset purchases through the fed. i think there are great risks to the fed policy, and there are very little benefits. perhaps some cost. we're buying $40 billion of bonds per month, increasing the money supply. now they're talking for various technical reasons to buy 45 billion more of u.s. treasury securities. that's...
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Dec 3, 2012
12/12
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FOXNEWSW
tv
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it raises $1.6 trillion on job creators that will destroy the economy and there are no spending criminals. >>reporter: the president now is demanding twice as much new tax revenue as he talked about in the campaign. >>shepard: thank you from the north lawn. kid would play contact sports could be damaging their brain before they get to college. there is a brand new study that shows how much damage a few hits to the head can do to a person and what it means for that person's long term health. that is next. and the story of the explosives, millions of pounds of explosives in a small town in louisiana, which is the real life home to the fictional town from "true blood." hmm, it says here that cheerios helps lower cholesterol as part of a heart healthy diet. that's true. ...but you still have to go to the gym. ♪ the one and only, cheerios and i'm here to tell homeowners that are 62 and older about a great way to live a better retirement. it's called a reverse mortgage. [ male announcer ] call right now to receive your free dvd and booklet with no obligation. it answers questions like how a r
it raises $1.6 trillion on job creators that will destroy the economy and there are no spending criminals. >>reporter: the president now is demanding twice as much new tax revenue as he talked about in the campaign. >>shepard: thank you from the north lawn. kid would play contact sports could be damaging their brain before they get to college. there is a brand new study that shows how much damage a few hits to the head can do to a person and what it means for that person's long term...
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Dec 6, 2012
12/12
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CSPAN2
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eye 149
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it's going to go down as his economy. i ask people who was speaker of the house during the great depression when roosevelt was president. i'll give a hundred dollars to anyone who can name who the speaker of the house was in the critical first hundred days -- >> jim over there would know. >> henry thomas reigny. now, there's a name in the history books. point being, the speaker is an important player, this is significant, but it is obama's job to lead and define so if there's negative consequences here, particularly in the economy, it's going to be in the obama era, things didn't get fixed. who is it? the australian finance minister who says the united states is one budget deal away from being a great country. there's a lot of people in business who think we are poised to do some really good things in the global economy, the united states is, but if we can't untangle this mess, it's not going to happen. >> you know about the inner workings in the government more than any living person, every single administration of our l
it's going to go down as his economy. i ask people who was speaker of the house during the great depression when roosevelt was president. i'll give a hundred dollars to anyone who can name who the speaker of the house was in the critical first hundred days -- >> jim over there would know. >> henry thomas reigny. now, there's a name in the history books. point being, the speaker is an important player, this is significant, but it is obama's job to lead and define so if there's...
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economy yiflts believe personal income won't be as robust as predicted. prop 30 boosts sales taxes a quarter cent and retroactively raises income taxes for the wealthy. >> jazz fans mourning the passing of dave brubeck. brubeck attained pop star acclaim with his album timeout, the first ever million selling kÑÑ0gó;vtv it included classic hit "take five" which you just heard. he was famous for playing in black jazz clubs during the height of segregation. dave brubeck died in connecticut one day short of his 92 birthday. >> with a a gift to all of use spencer christian had a chance to meet with him. >> great pleasure of seeing him perform several times. met him once, what a ja. just warm, accessible ask engaging. and a genius. >> yes. yes. >> absolutely. well, let's talk weather. things are beginning to calm down a bit. we're going to be drying out soon. a live view from our camera in emeryville looking at cloudy skies. not many locations receiving rainfall but we do have showers showing up down in parts of the south bay. there you can south of san jose
economy yiflts believe personal income won't be as robust as predicted. prop 30 boosts sales taxes a quarter cent and retroactively raises income taxes for the wealthy. >> jazz fans mourning the passing of dave brubeck. brubeck attained pop star acclaim with his album timeout, the first ever million selling kÑÑ0gó;vtv it included classic hit "take five" which you just heard. he was famous for playing in black jazz clubs during the height of segregation. dave brubeck died in...
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Dec 5, 2012
12/12
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CSPAN2
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we are we balancing our economy. one of the things i've sought to do, it will attract newspaper headlines but i'm trying to expand our export promotion to make sure it is better, encouraging exports investment, making sure overseas changes of commerce for britain are better in these emerging economies. all these things are so important because one of the big strategic mistakes i think we made as a country in the last 15 years was we did not expand in the same way that for example, germany did. our market share in those emerging economies. >> john denham. >> mr. speaker, i've heard the chancellor make a number of statements to this house. is it a fair summer to say that every time he comes he's told us the economy hasn't grown since last time, he is planning to borrow more than last time he was here? spending on public service is going to be cut more than last time he was here. growth in the future is going to be less than he told us last time he was here. and envy of that record should he be quite so pleased with him
we are we balancing our economy. one of the things i've sought to do, it will attract newspaper headlines but i'm trying to expand our export promotion to make sure it is better, encouraging exports investment, making sure overseas changes of commerce for britain are better in these emerging economies. all these things are so important because one of the big strategic mistakes i think we made as a country in the last 15 years was we did not expand in the same way that for example, germany did....
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economy or the ten flavors of debt that have accumulated to such a great extent well listening to a little snippets of debate a speech where the pros of the republicans in congress i think the whole thing has a major element of farce. the democrats really don't want to cut spending very much they know that's a huge part of the problem the republicans don't want to raise taxes on the top rockets they know that's coming but i don't want to would admit they know what's coming but the number of them know it's coming the democrats in the united states almost as much and sometimes even more money from the richest americans of the republicans to both sides refuse to acknowledge that they are basically in hock to interest groups and that they can't begin to confront this crisis head on meaning the economic crisis or the mandating that is wrong that there was a deficit crisis. the lock of the ability to really get a serious recovery going as long as not much there are a lot of studies showing that the higher the general i was the last you could really have a growing economy kenneth rogoff and carme
economy or the ten flavors of debt that have accumulated to such a great extent well listening to a little snippets of debate a speech where the pros of the republicans in congress i think the whole thing has a major element of farce. the democrats really don't want to cut spending very much they know that's a huge part of the problem the republicans don't want to raise taxes on the top rockets they know that's coming but i don't want to would admit they know what's coming but the number of...
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Dec 4, 2012
12/12
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FOXNEWSW
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they say the strike impact is winding and it's costing the national economy billions of dollars. once again, a lot of estimates here say we are talking about $1 billion a day being lost. we are talking about truckers and people not going to work each day as this continues. we are told almost everything has been agreed upon but the one pain issue which is the issue about whether jobs should be kept here when someone retires or whether they can be added someplace else. megyn: growing international concerns over a report that syria is readying deadly and widely banned chemical weapons for combat use. we'll talk about what those chemicals are, what they can do and why america and the world is so worried about this. we are getting a look at george zimmerman's bloody face the night he shot and killed trayvon martin. why didn't the defense get this picture earlier? a new report suggests president reagan's shining city on the hill may be a thing of the past. a look at how america has gone from number one to number 16 on the best places to be born list. and how our government policies may
they say the strike impact is winding and it's costing the national economy billions of dollars. once again, a lot of estimates here say we are talking about $1 billion a day being lost. we are talking about truckers and people not going to work each day as this continues. we are told almost everything has been agreed upon but the one pain issue which is the issue about whether jobs should be kept here when someone retires or whether they can be added someplace else. megyn: growing...
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find out what's really happening to the global economy with. no holds barred global financial headlines. is a report. you know how sometimes you see a story and it seems so horror lengthly you think you understand it and then you glimpse something else and you hear or see some other part of it and realize everything you thought you knew you don't know i'm tom harpur welcome to the big picture.
find out what's really happening to the global economy with. no holds barred global financial headlines. is a report. you know how sometimes you see a story and it seems so horror lengthly you think you understand it and then you glimpse something else and you hear or see some other part of it and realize everything you thought you knew you don't know i'm tom harpur welcome to the big picture.
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what's really happening to the global economy. there are no holds the global financial headlines kaiser report. news a secret laboratory. was able to build a most sophisticated robot which. found anything. to teach me. to care about humans in. this is why you should care only. welcome back we are speaking with kevin phillips are we i spoke to him earlier and now though he was a republican political strategist he now is very critical of both parties and one reason progressives have been a big fan is because he's been hugely critical of financial deregulation over the years i had to ask him about it take a listen. let's go through first some of the history of deregulation and money let's play a couple of clips. i have directed the secretary of the treasury to be actually necessary to defend a dollar against the speculators i have directed secretary connally to suspend temporarily the convert ability of the dollar into. the true problems of our nation so much deeper. than you gasoline lines or energy shortages these are even that inf
what's really happening to the global economy. there are no holds the global financial headlines kaiser report. news a secret laboratory. was able to build a most sophisticated robot which. found anything. to teach me. to care about humans in. this is why you should care only. welcome back we are speaking with kevin phillips are we i spoke to him earlier and now though he was a republican political strategist he now is very critical of both parties and one reason progressives have been a big...
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Dec 4, 2012
12/12
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MSNBCW
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the idea we're at a fiscal cliff where the economy stops on january 1st is completely misleading. it's a squeeze. everyone will feel it, but then you're in a position where everyone can vote to cut taxes. that might be more politically feasible. >> i like that perspective. you help us take out some of the fear mongering we see, a lot of the media is perpetuating. that's why we're doing the fiscal follies and the wheel of fortune. fiscal fiesta. the media is doing all this fear mongering and you get a lot out of washington. this is a self-created drama, of course. these cliff negotiations. but the markets are remaining relatively calm and steady. why are investors being so cool and above the fray when everybody else is running around with their heads cut off? >> everybody thinks what you see on tv with the duelling positions and we refuse to negotiate, the market sees it for what it is, which is theater. everyone is staking out the position trying to suck up to the base. there will be behind the scenes caving at some point, and if there isn't, if everyone just says absolutely not,
the idea we're at a fiscal cliff where the economy stops on january 1st is completely misleading. it's a squeeze. everyone will feel it, but then you're in a position where everyone can vote to cut taxes. that might be more politically feasible. >> i like that perspective. you help us take out some of the fear mongering we see, a lot of the media is perpetuating. that's why we're doing the fiscal follies and the wheel of fortune. fiscal fiesta. the media is doing all this fear mongering...
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find out what's really happening to the global economy with max cause or for a no holds barred look at the global financial headlines tune into kinds a report on our feet.
find out what's really happening to the global economy with max cause or for a no holds barred look at the global financial headlines tune into kinds a report on our feet.
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Dec 1, 2012
12/12
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CSPAN2
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economy for about an hour and 45 minutes. next on book tv. [applause] >> thanks to the fashion institute of technology. unquestionably the most in the world today. [applause] in addition to being nobel laureates i would have to say from the vantage point for the economic thinking those would be my finalists. [applause] as you know, we've written a book that pertains to the challenges and circumstance the price of an equality. on behalf of them i thank you for your patronage and. let's start with paul. paul, you talked about and this depression now. a lot of people don't believe we could end this now. but agency deutsch human beings have to take on this challenge? something that is recognizably the same kind of animal. we victimize it is the same technology still there and skills are still there. look back to the 1930's and there are a lot of people making the argument that there were no easy answers and you could quickly get out of this [inaudible] and the 1939 and these are fundamental problems and if we want to make progress to cut unemploy
economy for about an hour and 45 minutes. next on book tv. [applause] >> thanks to the fashion institute of technology. unquestionably the most in the world today. [applause] in addition to being nobel laureates i would have to say from the vantage point for the economic thinking those would be my finalists. [applause] as you know, we've written a book that pertains to the challenges and circumstance the price of an equality. on behalf of them i thank you for your patronage and. let's...
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Nov 29, 2012
11/12
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FBC
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is heading more and more toward sort of european socialist style economy. now, the european social model has been a failure in europe. no reason to believe it will succeed in the united states. and as margaret thatcher pointed out many years ago, the problem with socialist governments is that eventually they run out of other people's money to spend, and that is what is happening here in the united states. a poll came out today showing that 45 percent of democrats look favorably upon socialism which is a deeply worrying development. fortunately most americans -- gerri: did you say 45? gerri: 45? >> 45 percent of democrats according to a rasmussen poll published earlier today. fortunately the overall majority still believe in a capitalist free enterprise system, so there is still. gerri: the problem with what is being talked about, what is on the table is that it changes so dramatically. individuals, business operators. it -- one each address this directly. wealthy people will never change the way live. it won't change and they spend, how they invest. just be
is heading more and more toward sort of european socialist style economy. now, the european social model has been a failure in europe. no reason to believe it will succeed in the united states. and as margaret thatcher pointed out many years ago, the problem with socialist governments is that eventually they run out of other people's money to spend, and that is what is happening here in the united states. a poll came out today showing that 45 percent of democrats look favorably upon socialism...
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Nov 30, 2012
11/12
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KCSM
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although economists are saying that the german economy also has a long way to go until it has bottomed out because the export business will be more difficult in the near future because of weak other economies, but consumption in germany is going up. >> let's get a closer look at those market numbers. germany's blue-chip dax was higher on the day by about 0.8%, closing at a nice, round number. the euro stoxx 50 also higher. the dow jones industrial average as high as well. the bureau is trading for $ 1.2973. >> a german bank is in trouble with the law. prosecutors raided 13 of the bank's locations, including its munich headquarters, in search of evidence of tax evasion. the bank is suspected of cheating the state out of 124 million euros. share transactions between 2006 and 2008 are the focus of the probe. the bank is not alone. investigators are currently looking into similar incidents of alleged tax evasion at other institutions. >> there's a lot of money in going bankrupt. that is if you are the one winding up a big company that goes bust. >> a german law firm, for exple, are doing j
although economists are saying that the german economy also has a long way to go until it has bottomed out because the export business will be more difficult in the near future because of weak other economies, but consumption in germany is going up. >> let's get a closer look at those market numbers. germany's blue-chip dax was higher on the day by about 0.8%, closing at a nice, round number. the euro stoxx 50 also higher. the dow jones industrial average as high as well. the bureau is...
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Nov 29, 2012
11/12
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KQED
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but i am one that believes the egyptian economy has been repressed for a long time. with proper management and an inclusive growth model, as opposed to one that just serves special interests, and with help from outside, egypt can unleash its private-sector. if that materializes, then drops will materialize and party will go down. -- jobs will materialize and poverty will go down. it is a bumpy voyage, but possible. >> how can he do to fill the role of law, which is all important? -- how can egypt fulfilled a rule of law, which is all important? >> kurram burk, egypt only have one is -- remember, egypt only have one institution before the revolution, the military. what egypt is trying to do simultaneously is find leaders, build institutions, and meet the aspirations that had been billed very high during a very successful and peaceful revolution. that is not easy. it will take time to build institutions and impose the role of -- the rule of law. >> the ceasefire in gaza, will that help to win egypt friends abroad? >> i think it shows they play a special role in the mid
but i am one that believes the egyptian economy has been repressed for a long time. with proper management and an inclusive growth model, as opposed to one that just serves special interests, and with help from outside, egypt can unleash its private-sector. if that materializes, then drops will materialize and party will go down. -- jobs will materialize and poverty will go down. it is a bumpy voyage, but possible. >> how can he do to fill the role of law, which is all important? -- how...
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Dec 2, 2012
12/12
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CNNW
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not just for the american economy, but for the world economy. we have a chance to do something very good for the country, very good for the country now. not just protecting 98% of americans from seeing an increase in their taxes, not just preventing the threat of default hanging over the country in the future, not just preventing deeply damaging spending cuts, but doing something to create room to invest in infrastructure, strengthen the economy, get more people back to work, and putting our long term fiscal house in order. there's no surprise. you're a pro at this. there's going to be a lot of political theater between now d when we get there. >> is this a part of that political theater? this is your opening gambet here. it's not -- you know you're not going to get what you went up there -- >> what we're trying to do -- this is the only way i know how to do these things. to solve problems, you have to be clear and direct with people about what you want and what you need and what's important for the country, and that's what we did. in those prop
not just for the american economy, but for the world economy. we have a chance to do something very good for the country, very good for the country now. not just protecting 98% of americans from seeing an increase in their taxes, not just preventing the threat of default hanging over the country in the future, not just preventing deeply damaging spending cuts, but doing something to create room to invest in infrastructure, strengthen the economy, get more people back to work, and putting our...
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Nov 29, 2012
11/12
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FOXNEWSW
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if the economy, does the economy rapidly improve? there are a lot of different factors but by and large people act rationale if they know those stocks going to get hammered, you will pay extra taxes you shy away from the stocks and why warren buffett has the bully puppet, i know he is a billionaire but he is a speculator and a political mouthpiece of the administration and it is tiring listening to this guy like he is the greatest economic mind we have? come on. >>neil: you are going --. >>guest: he hat made his share of mistakes, remember that sleazy deal? >>neil: we say the dividend rate could go to the top, whatever the income rate could be the rate you pay on taxes. the rumble over ronald, the unions going after the fast food powerhouse but why you could be the one getting kicked. we bel, the better you trade. so we have ongoing webinars and interactive learning, plus, in-branch seminars at over 500 locations, where our dedicated support teams help you know more so your money can do more. [ rodger ] at scottrade, seven dollar tra
if the economy, does the economy rapidly improve? there are a lot of different factors but by and large people act rationale if they know those stocks going to get hammered, you will pay extra taxes you shy away from the stocks and why warren buffett has the bully puppet, i know he is a billionaire but he is a speculator and a political mouthpiece of the administration and it is tiring listening to this guy like he is the greatest economic mind we have? come on. >>neil: you are going --....
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Dec 5, 2012
12/12
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CSPAN2
tv
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this economy is on the right track. we are equipping britain for the global race and on like the party opposite we are in the side of people who work hard and want to do the right thing. what is the answer? more borrowing, more spending, more of the things that got us into this mess in the first place. >> mr. speaker, years ago the nhs spent five hundred million pounds on tamiflu without seeing the day on the effectiveness or safety and rather than being an isolated case it is normal for the drug industry to have almost complete control over the evidence based upon which crucial public decisions are made. will the prime minister asked to make available the full chemical study reports on tamiflu so the doctors, patients and taxpayers are not misled? >> my hon. friend does excellent work on behalf of the taxpayer through all of the very good questions and work that he does. he raises an important issue not only because of the cost to the taxpayer but also because of possible overstatement of benefits to patients. there do
this economy is on the right track. we are equipping britain for the global race and on like the party opposite we are in the side of people who work hard and want to do the right thing. what is the answer? more borrowing, more spending, more of the things that got us into this mess in the first place. >> mr. speaker, years ago the nhs spent five hundred million pounds on tamiflu without seeing the day on the effectiveness or safety and rather than being an isolated case it is normal for...
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and multiple other economies around the mediterranean and the euro zone itself banks are basically been left suddenly realizing that at the last that they've got to have this scrabble for cash and what they're going to be doing now is they're going to be sell anything armchairs asset eastern europe and bank subsidiaries you name it they are all going to be up for offer it what's going to be the incredible amazing discount sale of two thousand and twelve two thousand and thirteen oz western european banks try desperately to make themselves sufficiently solvent under what to be fair is a rather arbitrary new set of regulations which aren't necessarily in themselves going cura anything ok do you think as a final question patrick do you think there will be a unique unified e.u. regulates rebuilding for the banking sector. there are obviously great attempts to create this an obviously we already have a rip in banking agency that's trying to get into one of the biggest problems arky i would say is just money i mean we have one european banking regulator that's trying to regulate the whole eur
and multiple other economies around the mediterranean and the euro zone itself banks are basically been left suddenly realizing that at the last that they've got to have this scrabble for cash and what they're going to be doing now is they're going to be sell anything armchairs asset eastern europe and bank subsidiaries you name it they are all going to be up for offer it what's going to be the incredible amazing discount sale of two thousand and twelve two thousand and thirteen oz western...
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Nov 30, 2012
11/12
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CURRENT
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we just have to get this economy as you said repeatedly, back in balance and that's probably the best place to start. >> jennifer: totally agree. totally agree. so we are on the same page. so let's get to the specifics. what would you suggest in terms of specific policies? give me a couple of examples of policies that you think would had he been bring manufacturing back? >> well, the gating policy, governor is to have a manufacturing policy. every one of the g20 minus only ourselves has very specific policies that they call industrial policy, manufacturing policy and for a variety of political reasons not very good reasons, we don't have such. but we have to get moving quickly as the president has said in the post election period. and probably the best thing that we could do right now governor, is a national infrastructure bank in your home state and every other state of the union we know that we have a very deteriorated infrastructure base, that's probably the most intimate thing that we could do to reenergize manufacturing. the second thing is buy domestic, buy american, not anymore
we just have to get this economy as you said repeatedly, back in balance and that's probably the best place to start. >> jennifer: totally agree. totally agree. so we are on the same page. so let's get to the specifics. what would you suggest in terms of specific policies? give me a couple of examples of policies that you think would had he been bring manufacturing back? >> well, the gating policy, governor is to have a manufacturing policy. every one of the g20 minus only ourselves...
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on to be diagnosed it's published three countries to secrete economy gas and austerity prescription from the finance minister with the public being force fed ex hikes and spending. this is coming to live from moscow hello and welcome to the program tongues and all my vehicles have been deployed to the presidential palace in egypt's capital cairo after a night of street battles which cold file an injured hundreds the violence started once thousands of president morsy supporters moved into a crush of setting off his opponents the standoff became the bloodiest says they'll prising things the president began two weeks ago cairo based reporter belcher told me the latest. right now i have to hurry square work the scenes. the have been scuffles on the square here behind me outside the presidential palace i tried reports that the clashes have broken out during the day but basically we've seen very violent scenes overnight my colleague tom barton was there reporting from the scene we're about as close as we cracked to the fighting here in central cairo near the presidential palace a few. muslim b
on to be diagnosed it's published three countries to secrete economy gas and austerity prescription from the finance minister with the public being force fed ex hikes and spending. this is coming to live from moscow hello and welcome to the program tongues and all my vehicles have been deployed to the presidential palace in egypt's capital cairo after a night of street battles which cold file an injured hundreds the violence started once thousands of president morsy supporters moved into a...
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starts to grow again will mean this debt back into the economy and nobody will notice but the economy's not growing so the black hole of debt is getting bigger and there's and here's here's the rub stacey is that the low interest rates that the central bankers claim they are forced to implement due to what they call deflation is causing deflation ok quantitative easing and zero interest rate policies do not fight deflation they cause deflation ok that's what these central bankers don't understand they only have the if they have the sound of one hand clapping they don't understand the economy.
starts to grow again will mean this debt back into the economy and nobody will notice but the economy's not growing so the black hole of debt is getting bigger and there's and here's here's the rub stacey is that the low interest rates that the central bankers claim they are forced to implement due to what they call deflation is causing deflation ok quantitative easing and zero interest rate policies do not fight deflation they cause deflation ok that's what these central bankers don't...
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find out what's really happening to the global economy with mike stronger for a no holds barred look at the global financial headlines to cause a report. called recount in germany over why she signed off on seven hundred thirty million euros where the concessions for greece a hefty bill that would be footed by german taxpayers. the opposition members of the social democrat party have merkel and her center right coalition that's the bundestag is not merely a rubber stamping service and if they want to push through this latest package they're going to have to prove to m.p.'s that it's in the best interest of germany what this latest package contains is a bond buyback scheme low interest rates only the debts that greece has as well as the hunting over of profit from these debts what this century means though is that for twenty thirteen germany is set to lose around seven hundred and thirty million euros to implementing these latest measures all of that of course not making great reading for chancellor merkel she said time and time again that the german taxpayer would not be hit financia
find out what's really happening to the global economy with mike stronger for a no holds barred look at the global financial headlines to cause a report. called recount in germany over why she signed off on seven hundred thirty million euros where the concessions for greece a hefty bill that would be footed by german taxpayers. the opposition members of the social democrat party have merkel and her center right coalition that's the bundestag is not merely a rubber stamping service and if they...
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so back to the story of our hoax some prank economies in which we've been divorced from any understanding of the value or wealth or or how wealth is created so all we have are ponzi schemes and the hope of getting in early that everybody hopes to get in early on one of the they're not really against jamie dimon or lloyd blankfein are any of these other ponzi schemes being operated around the world the only time they get angry is that they weren't involved early on but because they have they have compromised the society they have to compromise morality that compromise ethics that's when the devil takes over when you have the devil's currency and zero percent interest rates and warren buffett and charlie munger down there you know almost playing with each other while they're picking insider information and manipulating prices and calling themselves geniuses that's the devil. so here in london we have this story restaurant boss starts pay revolt on bank swaps one of london's top restauranteurs has stopped paying royal bank of scotland thousands of pounds a month to service a complex derivati
so back to the story of our hoax some prank economies in which we've been divorced from any understanding of the value or wealth or or how wealth is created so all we have are ponzi schemes and the hope of getting in early that everybody hopes to get in early on one of the they're not really against jamie dimon or lloyd blankfein are any of these other ponzi schemes being operated around the world the only time they get angry is that they weren't involved early on but because they have they...
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news continues here on r t one of the one area of america's economy which is thriving is its presence that packed to the rafters with criminals who make up a very lucrative and cheap labor force. he's got a check on explains businessman spend millions to keep it that way. in the us the market for cheap labor is booming behind bars in the last fifteen years partnership between prisons and private manufacturers has increased significantly there are becoming america's very own chinese style manufacturing line behind prison walls prisons in fact advertise themselves as such as an alternative to outsourcing cheap labor to china or elsewhere on the web we came across this pitch that prisons prepared to persuade private sector companies to come and do business with them take a look. there is not enough folks that will do this type of work in this country so therefore we're bringing bringing back this industry that historically has been going out of this century and we're putting it you know inside the laws and it's it's absolutely a perfect idea. i have a workforce that is not the kind of pr
news continues here on r t one of the one area of america's economy which is thriving is its presence that packed to the rafters with criminals who make up a very lucrative and cheap labor force. he's got a check on explains businessman spend millions to keep it that way. in the us the market for cheap labor is booming behind bars in the last fifteen years partnership between prisons and private manufacturers has increased significantly there are becoming america's very own chinese style...
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the gloomy diagnosis for britain the country's still sickly economy gets an austerity prescription from the finance minister with a public sources battle tax hikes and spending cuts. international news live for most go this is all she was me you know our thanks for joining us first time and all made vehicles have been deployed to the presidential palace in egypt's capital cairo after a night of street battles which killed five and injured hundreds the violence started one of thousands of president morsy supporters moved in to crush this city and his opponents they stung became the bloodiest since the uprising the president began two weeks ago out of cairo based reporter troop told me the latest. right now i'm off to her square work the scenes. that have been scuffles on the square here in tahrir behind me outside the presidential palace i type reports that the caches have broken out during the day but basically we've seen very violent scenes overnight my colleague tom barton who is that reporting from the scene we're about as close as we can get to the fighting here in central cairo nea
the gloomy diagnosis for britain the country's still sickly economy gets an austerity prescription from the finance minister with a public sources battle tax hikes and spending cuts. international news live for most go this is all she was me you know our thanks for joining us first time and all made vehicles have been deployed to the presidential palace in egypt's capital cairo after a night of street battles which killed five and injured hundreds the violence started one of thousands of...
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the economy has not been doing well. we cannot do this on our own. gerri: you couldn't really -- you couldn't pay off another loan. >> i don't need another loan. is done as part biness decision for me to open up my door's not even knowing it my community is lowwstanding with another low my hea. it's not a small business decision that is appropriate to think. gerri: you are not only a small business operator. you have a three year-old >> of course. mother of sylvia, 3-year-old. gerri: were seeing a picture. >> she is called the bagel bby. the cusomers come and invest out her more than meet. gerri: a family operation. >> of course. mom and my dadand my fiance we are in there all the time. gerri: there are businesses all over this rgion who are in the same situation who are facing the same problem. >> oh, of course. this is something wdespread. i have spoken to many busnesses in the communities that i am friends with our we have reached out to show support for each other. we are all in the same boat. none of us have gotten any help. and if you go in to
the economy has not been doing well. we cannot do this on our own. gerri: you couldn't really -- you couldn't pay off another loan. >> i don't need another loan. is done as part biness decision for me to open up my door's not even knowing it my community is lowwstanding with another low my hea. it's not a small business decision that is appropriate to think. gerri: you are not only a small business operator. you have a three year-old >> of course. mother of sylvia, 3-year-old....
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economy is going to shrink by not point one percent in five years twenty twelve now it sounds like a small amount but of course no sign of all importing growth in fact what we're seeing is that borrowing has gone up we think that the debt has risen and fallen and most crucially i think it's probably the fact that the government had no reduction target so we're now facing an extended austerity program is going to say it's right away three to twenty eightieth's a pretty gloomy outlook and this is what we were expecting a bit of course but going to really not be what millions of families all across the are going to want to hear and of course this is really going to bring in real terms . among the demonstrators there was kate hudson from the mt cuts coalition of resistance who feels it's the multibillion pound nuclear weapons program that should be getting the axe. britain spending on nuclear weapons this is not the fundamental issue it's something that the vast majority of the population is a great currently we are spending three billion pounds a year just on maintaining existing system
economy is going to shrink by not point one percent in five years twenty twelve now it sounds like a small amount but of course no sign of all importing growth in fact what we're seeing is that borrowing has gone up we think that the debt has risen and fallen and most crucially i think it's probably the fact that the government had no reduction target so we're now facing an extended austerity program is going to say it's right away three to twenty eightieth's a pretty gloomy outlook and this is...
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how would you compare egypt's economy now. i've not bothered that they follow me with some lots they blew that move but it. was thirty five on six at simple bank now we'll still own fifteen point five million dollars and this is a huge car i thought would deserve and be back to the impulse i'm told it affects investors no one will come to invest anything in here in egypt to do usually is the first and second took. on a lot of the unemployment figures out today is two of us also sick too soon we are going to feel sick she will. feel just continues to be a little bit easier this will affect all six do so of egypt business with the shop our feet now we are divided into two parts so it is a quiz a political force in one hand and muslim those within hours of hands whom we all in the body if the six was gratifying to you it seems that the egyptian people don't agree on much these days one of the few things they do agree on is that egypt's economy needs to get back on the right track and as soon as possible. getting a britain's unemp
how would you compare egypt's economy now. i've not bothered that they follow me with some lots they blew that move but it. was thirty five on six at simple bank now we'll still own fifteen point five million dollars and this is a huge car i thought would deserve and be back to the impulse i'm told it affects investors no one will come to invest anything in here in egypt to do usually is the first and second took. on a lot of the unemployment figures out today is two of us also sick too soon we...
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find out what's really happening to the global economy. for a no holds barred. max kaiser welcome to the kaiser report people of the united kingdom listen to me i've seen your future and your future is scum villages and royal babies that the newspapers say will look like this yes i may have the eyes of a cold hearted lizard but so does your future eating the mud pies of austerity and let's not be coy i think the best name for this baby will be snooki. standing. yes maxwell of course this is the big budget day in the united kingdom and it's of course celebrating everywhere you look you cannot escape every single paper for the don and will and kate it's never ending but with this austerity budget and with the celebration all the newspapers are talking about like the baby is going to cost two million dollars a year the first year for clothes just for clothes and yet any of the mothers in england are being told or the united kingdom are being told we're going to slash your benefits we're going to make sure you're not you know feeding your children too much no no no
find out what's really happening to the global economy. for a no holds barred. max kaiser welcome to the kaiser report people of the united kingdom listen to me i've seen your future and your future is scum villages and royal babies that the newspapers say will look like this yes i may have the eyes of a cold hearted lizard but so does your future eating the mud pies of austerity and let's not be coy i think the best name for this baby will be snooki. standing. yes maxwell of course this is the...
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starts to grow again will mean this debt back into the economy and nobody will notice but the economy's not growing so the black hole of debt is getting bigger and there's and here's here's the rub stacey is that the low interest rates that the central bankers claim they are forced to implement due to what they call deflation is causing deflation ok quantitative easing and zero interest rate policies do not fight deflation they cause deflation ok that's what these. bankers don't understand they only have these they have the sound of one hand clapping they don't understand the economy they don't understand that they are causing deflation and simultaneously causing the biggest bond bubble in three hundred years in the country of britain now turning a three hundred year high they are therefore the black call is only going to get going going to get bigger the article goes on to point out the markets have lost confidence in the banks due to their complex and opaque numbers this is what the financial stability report says that it's because of the complex and opaque numbers not the the fact th
starts to grow again will mean this debt back into the economy and nobody will notice but the economy's not growing so the black hole of debt is getting bigger and there's and here's here's the rub stacey is that the low interest rates that the central bankers claim they are forced to implement due to what they call deflation is causing deflation ok quantitative easing and zero interest rate policies do not fight deflation they cause deflation ok that's what these. bankers don't understand they...
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that is bad for the economy. the $30 billion cost of extending the programs would generate $33 billion in benefits. that is because the money trickles through the system. the unemployment insurance check spent on food, housing, he teen, all of the basic necessities that give us a multiplier effect. host: this is from the national employment law project. estimates of numbers of people who will be affected if the program ends. 2 million workers collecting insurance will be cut off after payments for the week ended december 29. nearly 1 million more workers will run out of state unemployment benefits without access to the euc by the end of the first quarter of 2013. tickets for those numbers a little bit and specifically the one a million more workers. guest: there are two fundamental programs part of the extension. the important thing about them, this is what really counts in this, they provide the additional benefits passed the six months the market. if workers do not get the additional benefits, they are possibly
that is bad for the economy. the $30 billion cost of extending the programs would generate $33 billion in benefits. that is because the money trickles through the system. the unemployment insurance check spent on food, housing, he teen, all of the basic necessities that give us a multiplier effect. host: this is from the national employment law project. estimates of numbers of people who will be affected if the program ends. 2 million workers collecting insurance will be cut off after payments...
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find out what's really happening to the global economy with mike stronger for a no holds barred look at the global financial headlines tune into a report. you know sometimes you see a story and it seems so you think you understand it and then you glimpse something else you hear or see some other part of it and realize that everything you thought you knew you don't know i'm trying hard welcome is a big issue. here watching all see life from all schools good to have you with us all stars he seems to be the future for britain at least for the government's extends its massive cuts program for five more years and to find finance minister waved away immediate protest saying talks hikes would help heal the country's ailing economy also has more now on london's proposed kewl. well everyone now madly picking their way through the facts and figures and wow was there a lot of. one thing that was very very clear and that's that the u.k. is set to face even more austerity no what those figures showed us was that the u.k. economy is going to shrink by not point one percent five hundred twenty twel
find out what's really happening to the global economy with mike stronger for a no holds barred look at the global financial headlines tune into a report. you know sometimes you see a story and it seems so you think you understand it and then you glimpse something else you hear or see some other part of it and realize that everything you thought you knew you don't know i'm trying hard welcome is a big issue. here watching all see life from all schools good to have you with us all stars he seems...
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. >> reporter: with the economy and large chain stores it's been harder to compete and it doesn't make any sense to stay open anymore. >> steven's hardware. >> reporter: that greeting will soon not be heard. she's a local gal, born five blocks from here and moved two blocks closer when she got married. >> so i don't burn much gasoline. >> reporter: over20 family members have worked here over the years. >> all the people in my family. >>
. >> reporter: with the economy and large chain stores it's been harder to compete and it doesn't make any sense to stay open anymore. >> steven's hardware. >> reporter: that greeting will soon not be heard. she's a local gal, born five blocks from here and moved two blocks closer when she got married. >> so i don't burn much gasoline. >> reporter: over20 family members have worked here over the years. >> all the people in my family. >>
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at the bottom of the economy with some much steve leung that mubarak. was sixty five feet at central bank now we know still down fifteen point five billion dollars and this is a huge i thought well deserved and in fact the impulse and this is the first investor. no one will come to invest anything any here in egypt due to these he is the first of six took. on a loan to unemployment food to do is to add the us only also six to sunni odd and if you could see it you would. build this continues to be all over egypt this would affect also if jews of egypt business would be shocked at our feet now we are divided between two parts that is a pole is a political force in one hand and muslim who'd been us all hands whom we all in the body of the six was better thank you it seems that the egyptian people don't agree on much these days one of the few things they do agree on is that egypt's economy needs to get back on the right track and as soon as possible. they're now getting at britain's unemployed into jobs it's proving to be a costly failure only three quarter
at the bottom of the economy with some much steve leung that mubarak. was sixty five feet at central bank now we know still down fifteen point five billion dollars and this is a huge i thought well deserved and in fact the impulse and this is the first investor. no one will come to invest anything any here in egypt due to these he is the first of six took. on a loan to unemployment food to do is to add the us only also six to sunni odd and if you could see it you would. build this continues to...
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of the diagnosis for britain the country simply economy gets an austerity prescription from the finance minister with the public being force fed ex hikes and spending. international news and comment live from moscow this is all she was me thanks for trying to get egypt's capital cairo has seen some of the bloodiest battle since they are prizing against president morsi began two weeks ago at least four people have been killed and more than three hundred fifty injured as most supporters clashed with his opponents outside the presidential palace and day i spoke to cairo based reporter about truth who says pointing in the direction capital is still going. right now the presidential palace i just had reports that the caches have broken out again the police are possibly that firing tear gas in an attempt to separate the two groups but basically we've seen very violent scenes overnight my colleague tom barton who's that reporting from the scene we're about as close as we can get to the fighting here in central cairo near the presidential palace a huge mess as muslim brotherhood supporters up t
of the diagnosis for britain the country simply economy gets an austerity prescription from the finance minister with the public being force fed ex hikes and spending. international news and comment live from moscow this is all she was me thanks for trying to get egypt's capital cairo has seen some of the bloodiest battle since they are prizing against president morsi began two weeks ago at least four people have been killed and more than three hundred fifty injured as most supporters clashed...
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find out what's really happening to the global economy with my stronger for a no holds barred look at the global financial headlines tune into cars a report on our. cash from qatar has been flowing into france for some time now the latest being a huge tie up to pump vital funds into struggling small business but the gulf states generosity is now being met with increasing high level suspicion next year ships explains. france is already no stranger to qatari dollars fans of parisian football club present your man cannot believe their luck ever since middle east and shakes invested into the team they've bought world class players and hired a top coach now this small business owner hopes he can also have a slice of the pie due to economic crisis financing from governments are. too big to be obtained talking about cuts or we are talking about business we don't have any finance so we have a financing of financial. we can go and that may soon happen nicolas sarkozy's administration cemented ties with doha placing a military base in the gulf state and signing an investment deal now qatar is t
find out what's really happening to the global economy with my stronger for a no holds barred look at the global financial headlines tune into cars a report on our. cash from qatar has been flowing into france for some time now the latest being a huge tie up to pump vital funds into struggling small business but the gulf states generosity is now being met with increasing high level suspicion next year ships explains. france is already no stranger to qatari dollars fans of parisian football club...
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understand they only have these they have the sound of one hand clapping they don't understand the economy they don't understand that they are causing deflation and simultaneously causing the biggest bond bubble in three hundred years in the country of britain now turning a three hundred year high they are therefore the black call is only going to get going going to get bigger the article goes on to point out the markets have lost confidence in the banks due to their complex and opaque numbers this is what the financial stability report says that it's because of the complex and opaque numbers not the the fact that markets know it's all fraud well it's a rear guard action ok the central banks learning king in this new mark carney the guy who got hit man with so many hockey pucks like every goalie i've played hockey for many years goalies usually i'm a little brain damage that's what they're famous for mark carney incoming banking chairman he looks like you suffer from a little brain damage to too many hockey pucks to the head that's a normal goalie thing they don't understand that they're c
understand they only have these they have the sound of one hand clapping they don't understand the economy they don't understand that they are causing deflation and simultaneously causing the biggest bond bubble in three hundred years in the country of britain now turning a three hundred year high they are therefore the black call is only going to get going going to get bigger the article goes on to point out the markets have lost confidence in the banks due to their complex and opaque numbers...
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a lot in terms of foreign policy and in terms of opening their economies up. to u.s. multinationals will be a movie very important. for the united states and yes it will start buying american arms and substantial qualities libya's lots and lots of money to spend according to the state department this year alone the u.s. spent six point three billion dollars financing foreign armies it argues investing in foreign militaries helps build. better alliances and further american interests abroad from the point of view of the u.s. government of course it's very useful to have other countries militaries integrated into the us they get the training then they get the equipment they get the arms it's the full package the idea of proxy armies is not new to be very destructive record of training foreign armies has hardly been flawless you have the school of americas for instance which is trained all the the armies that became the torturers of latin america that started after world war two i would say the training troops is especially in the middle east in the case of iraq or in af
a lot in terms of foreign policy and in terms of opening their economies up. to u.s. multinationals will be a movie very important. for the united states and yes it will start buying american arms and substantial qualities libya's lots and lots of money to spend according to the state department this year alone the u.s. spent six point three billion dollars financing foreign armies it argues investing in foreign militaries helps build. better alliances and further american interests abroad from...
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find out what's really happening to the global economy. please. please technology innovation all the least developed around russia. and.
find out what's really happening to the global economy. please. please technology innovation all the least developed around russia. and.